Océ results third quarter/nine months 2003 *)
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Third quarter 2003 |
Nine months 2003 |
In million €
Total revenues |
653.1 (- 11.8%) |
2,022.3 (- 14.5%) |
| EBITDA |
67.2 (- 30.5%) |
231.5 (- 24.3%) |
| EBIT** |
25.7 (- 42.1%) |
101.5 (- 34.9%) |
| Net income** |
12.7 (- 39.6%) |
52.8 (- 29.4%) |
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| EBIT |
2.7 |
78.5 |
| Net income |
- 5.6 |
34.5 |
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In €
Net income per share**
Net income per share |
0.14 (- 40.9%)
- 0.08 |
0.60 (- 29.9%)
0.38 |
- Net income from normal activities amounts to € 52.8 million
- Net income after deduction of € 18.3 million impairment costs amounts to € 34.5 million
- Free cash flow amounts to € 120 million
- Plans to transfer assembly activities to Eastern Europe and China are being developed further
- Interim dividend will be maintained at € 0.15
- Net income for fiscal year 2003, before exceptional items, is expected to reach approximately € 70 million
- Declining trend in revenues is becoming less pronounced
* The figures stated in this report are unaudited. The report has been prepared on the basis of Dutch GAAP; as compared to the Annual Financial Statements for 2002 changes have taken place in the accounting principles (see the text in the overview "Changes in shareholders' equity" on page 6).
** Before exceptional items.
Océ N.V. 10 October 2003
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- Results third quarter / nine months 2003 (PDF 109 kb) Download | Open
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